Final Bids Submitted in Two-Way Showdown to Win Control of HMM
2023-11-24 11:41

Final Bids Submitted in Two-Way Showdown to Win Control of HMM

"Final bidding began today for control of HMM with reports from South Korea that one of the three companies pre-qualified dropped out. The estimated price tag for control of the world’s eighth largest container shipping company is believed to have increased with the two state-run financial institutions looking for between $4.6 and $5.4 billion for a 58 percent stake in the company and management control." See the original story at: The Maritime Executive.

Source: The Maritime Executive